361 Denton Ave - Specialty FOR SALE
Auburndale, FL 33823 |
361 Denton Ave
Auburndale, FL 33823
HIGHLIGHTS
- A newly constructed, industry-leading luxury 5-star RV resort actively progressing toward stabilization under guidance of an in-house management team.
- The property brand, size, & strategic location combine to create a unique investment opportunity that demands a premium over all other 5-star resorts.
- There is significant upside in adding 45 new cabana cabins, 200-key hotel, championship pickleball courts or arcade, activating the lakefront;
- Additional upside: further monetizing amenities, converting RV sites to cabana cabins, increasing rates and occupancy.
- The resort is projected to grow both occupancy and ADR in 2025 driven mostly by booking strength in the cabana cabins and an increase in group sales.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Camp Margaritaville Auburndale RV Resort
PROPERTY TYPE
Specialty
ADD'L SUBTYPES
Parking Lot, Self Storage, Marina
TOTAL BUILDING SIZE
200000
STORIES
1
BUILDING CLASS
A
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
66 AC AC
LAND SF
2,874,960 SF
ZONING
-
APN/PARCEL ID
25-27-32-000000-024030
